Previously I shared how we paid off our $15,000 car loan and were able to pay cash for two more cars in the following years. As I thought back through our story, I was left asking myself “Was it worth it?â€....
A simple tip that I came across while reading The Quiet Millionaire is to frame your spending in pre-tax dollars rather than after tax dollars. Assuming a 33% tax bracket(actual tax rate of about 25%), you need to earn $1.33 for...
“Does that headline grab your attention? Well, it’s true. Retailers spend millions figuring out how our minds operate so that they can become more effective. As consumers it helps to examine some of the ways in which retailers are using research...
Duncan Simester created one of the first experiments that attempted to directly test how consumer’s ‘willingness to pay’ is affected by credit cards. In this experiment 1st year MBA students were instructed to provide a sealed envelope with the amount that...
